Hyperspec AI

We are expand navigable roadways for autonomous vehicles from 3% to 95%, today, by equipping each car with our onboard vision hardware.

Business Model:

Revenue: $0

Employees: 1-10

Detailed Hyperspec AI Information

Geographic Data

Hyperspec AI headquarters map

Address: 1160 Battery Street

City: San Francisco

State: CA

Zip: 94111

Country: US

Financial Info

Stage:

seed

Raised Last:

$500k

Raised Total:

$2M

Metrics

0Website Global Rank

0Website Monthly Traffic

Twitter Followers

Description

Only 3% of US roadways are covered by the high-definition master maps that today&s;s self-driving cars require to navigate. Without a hard tether to these maps, or beyond their bounds, autonomous vehicles simply cannot operate. Worse, the coverage of these maps is expanding at a rate of only 2% every 5 years. At Hyperspec AI we are expanding navigable roadways for autonomous vehicles to 95%, today, by equipping each car with our onboard vision hardware that localizes and navigates with true autonomy. Our high-frequency periodic calibration corrects for drift using satellite imagery to achieve continuous precise real-time positioning at a fraction of the cost. Hyperspec AI is my third company and the second to focus on mapping and localization for autonomous vehicles. I am a serial entrepreneur with successful exits and the deep domain expertise required to lead this new generation of navigation technology. Today, my team includes top talent in computer vision, simulation, and high-performance edge computing. With $860K raised and $750K in revenue booked to date with a $1.2M backlog, we have traction and momentum. Our focus is on partnership opportunities that accelerate our time-to-market to meet the immediate industry demand.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
6/2021 Seed Round 1 $120k Techstars
Techstars Space Accelerator
Techstars
Techstars Space Accelerator
9/2021 Seed Round - Katalyst Ventures
Techstars
Katalyst Ventures
Techstars
5/2021 Seed Round $0 Katalyst Ventures
StratMinds
TBD Angels
Techstars Ventures
Katalyst Ventures
StratMinds
TBD Angels
Techstars Ventures
3/2019 Pre Seed Round $260k
3/2022 Seed Round $500k
9/2021 Seed Round 1 - Katalyst Ventures
Katalyst Ventures
5/2021 Seed Round 4 $1M Katalyst Ventures
StratMinds
TBD Angels
Techstars Ventures
Katalyst Ventures
StratMinds
TBD Angels
Techstars Ventures
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